Vashishtha Luxury Fashion IPO

Vashishtha Luxury Fashion Limited, incorporated in 2010, specialises in exporting high-fashion hand embroidery, accessories, and finished garments. Recognised as a 100% Export House, it caters to leading fashion brands across Europe, the UK, USA, Australia, and Turkey with customised apparel for both couture and prêt-à-porter. Operating a sample unit in Mumbai through its subsidiary, Vashishtha Embroidery Private Limited, the company offers a diverse portfolio that includes artistic garments, premium accessories, and intricate embroidery, blending craftsmanship with technology to deliver innovative, expressive, and globally appealing fashion solutions.

Vashishtha Luxury Fashion Limited IPO Overview

Vashishtha Luxury Fashion Limited, incorporated in 2010, specialises in exporting high-fashion hand embroidery, accessories, and finished garments. Recognised as a 100% Export House, it caters to leading fashion brands across Europe, the UK, USA, Australia, and Turkey with customised apparel for both couture and prêt-à-porter. Operating a sample unit in Mumbai through its subsidiary, Vashishtha Embroidery Private Limited, the company offers a diverse portfolio that includes artistic garments, premium accessories, and intricate embroidery, blending craftsmanship with technology to deliver innovative, expressive, and globally appealing fashion solutions.

Vashishtha Luxury Fashion Limited IPO Details

Particulars	Details
IPO Date	4 September 2025 to 9 September 2025
Listing Date	12 September 2025
Face Value	₹10 per share
Issue Price Band	₹77 to ₹81 per share
Lot Size	1,600 Shares
Total Issue Size	30,99,200 shares (aggregating up to ₹25.10 Cr)
Fresh Issue	23,44,000 shares (aggregating up to ₹18.99 Cr)
Offer for Sale	6,00,000 shares (aggregating up to ₹4.86 Cr)
Issue Type	Bookbuilding IPO
Listing At	NSE SME
Share Holding Pre Issue	78,52,500 shares
Share Holding Post Issue	1,03,51,700 shares
Market Maker Portion	1,55,200 shares

Vashishtha Luxury Fashion IPO Reservation

Investor Category	Shares Offered
QIB	Not more than 50% of the Net Issue
Retail	Not less than 35% of the Net Issue
NII (HNI)	Not less than 15% of the Net Issue

Vashishtha Luxury Fashion IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	3,200	₹2,59,200
Retail (Max)	2	3,200	₹2,59,200
S-HNI (Min)	3	4,800	₹3,88,800
S-HNI (Max)	7	11,200	₹9,07,200
B-HNI (Min)	8	12,800	₹10,36,800

Vashishtha Luxury Fashion IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	100.00%
Post-Issue	70.05%

Vashishtha Luxury Fashion IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	₹6.57 (Pre-Issue) / ₹4.98 (Post-Issue)
Price/Earnings (P/E) Ratio	12.35x (Pre-Issue) / 16.28x (Post-Issue)
Return on Net Worth (RoNW)	59.39%
Net Asset Value (NAV)	₹16.30
Return on Equity	59.39%
Return on Capital Employed (ROCE)	28.24%
EBITDA Margin	26.51%
PAT Margin	11.30%
Debt to Equity Ratio	1.39

Objectives of the Proceeds

• Repayment of certain secured borrowings of the company – ₹11.39 crore

• Funding capital expenditure for new warehouse in Ahmedabad – ₹3.80 crore

• General corporate purposes

Key Financials (in ₹ crore)

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	40.51	35.89	20.09
Revenue	46.02	42.52	37.39
Profit After Tax	5.15	2.93	0.30
Reserves and Surplus	4.93	4.07	1.14
Total Borrowings	17.72	21.57	11.29